28 June 2010
Powering Growth: The Non-Traditional Security (NTS) Perspective on the Energy Security Policies in Singapore (MacArthur ASI WP No. 4)
Abstract
The Singapore government treats energy security as a means towards achieving sustainable economic growth. It is on that note that the Economic Strategies Committee (ESC) and National Energy Policy (NEP) reports recommended strategies which are meant to steer the nation towards economic competitiveness, energy security and environmental sustainability. To date, both reports provide the clearest indication of what the future energy security landscape will look like in Singapore. These reports also underline the belief that an efficient energy market would inevitably drive economic growth, and generate wealth and security for the nation. However, energy security should also be about human security as much as it is about economic growth, according to non-traditional security (NTS) literature. The NTS perspective argues that energy security should also account for the welfare and development of individuals, households and communities, among other things. Building upon the NTS discourse, this paper attempts to unpack Singapore’s energy policies by tracing and analysing the rationale behind the role of oil in the nation’s economic development, and explores its implication for human security.
Abstract
The Singapore government treats energy security as a means towards achieving sustainable economic growth. It is on that note that the Economic Strategies Committee (ESC) and National Energy Policy (NEP) reports recommended strategies which are meant to steer the nation towards economic competitiveness, energy security and environmental sustainability. To date, both reports provide the clearest indication of what the future energy security landscape will look like in Singapore. These reports also underline the belief that an efficient energy market would inevitably drive economic growth, and generate wealth and security for the nation. However, energy security should also be about human security as much as it is about economic growth, according to non-traditional security (NTS) literature. The NTS perspective argues that energy security should also account for the welfare and development of individuals, households and communities, among other things. Building upon the NTS discourse, this paper attempts to unpack Singapore’s energy policies by tracing and analysing the rationale behind the role of oil in the nation’s economic development, and explores its implication for human security.
